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City receives single‑audit report: GTrans federal expenditures audited at $24.25 million; no findings
Summary
Auditors reported no material weaknesses in the city’s single audit for fiscal year ended 6/30/2024. The audit found GTrans federal program expenditures of about $24.25 million and total federal awards expenditures of roughly $27.22 million.
The council received and filed the city’s single-audit report for the fiscal year ended June 30, 2024. The independent auditors reviewed the city’s major federal program — Gardena Transit's federal grants (GTrans) — and reported total federal expenditures for the major program of $24,246,006.79 and total federal awards expenditures of $27,218,009.79 (89.1% of federal awards expended on the major program).
The auditors reported no material weaknesses or significant deficiencies in internal control over financial reporting or in internal control over compliance for federal programs. There were no audit findings for the second consecutive year. The report is available at the city clerk’s office and on the city website.
Council member Henderson thanked staff for the work and noted the audit confirmed the city’s financial controls and reporting processes.
The council voted to receive and file the report; no budgetary action was required at the meeting.
